Adding a high-yield dairy cow

Emmy

Burgei Village, Rongai., Kenya

100% repaid

Entrepreneur

Name

Emmy

Member since

June 2013

On-time repayments

339 installments  •  84%

About Me

I am Emmy, married with two children. I live in Burgei village, rongai in Nakuru. I am a secretary by profession where i work in a secondary school.
I hold Diploma in Business Management, Certificate in Secretarial and Computer studies.
Despite the monthly salary I earn it could not cater for my needs therefore I engaged in farming where i majorly deal with dairy cows.
Indeed the project has really assisted my family but much has not been exploited due to lack of enough funds to widen the scope.

My Business

I have 3 dairy cows with some heifers. Each cow I milk approximately 8/9 litres in the morning thus giving the total of 24 litres @27shs (though the prices keep on fluctuating.) I therefore earn Ksh648 on the lower side x30days=19440.
After deductions of the expenses incurred for treatment, and feeds the profit is about Ksh. 10,000.
Diseases e.g East coast Fever which is common in our place is a serious drawback of this business despite the cost of treatment which is costly sometimes it leads to the death of a cow. Also fluctuation of price of milk is a very serious challenge since one cannot plan ahead or budget for the income expected.
Thirdly, drought normally affects the dairy cattle since there production becomes low hence need for enough storage of food to cub the problem.
Since the project has not been exploited well due to funds i therefore request for funds in order to do it to the fullest by using a zero grazing method which is normally very productive.
I will therefore use the funds to construct the structure for the 3 dairy cows and employ someone to assist me in achieving my set goal which I believe it will be highly achieved.

Loan Proposal

Having done livestock farming for some years, I wish to upgrade my dairy cows. I therefore wish to buy high yield dairy cow costing between Ksh 150,000 - 170,000. Though it will be expensive in maintaining but I will do it since it will give me good returns.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,590.00

Date disbursed

Sep 17, 2018

Repayment status

On Time

Projected term

22 months

Lenders

Kitty

Hailsham, United Kingdom

G

guenter

Bremen, Germany

R

rmacaw

Australia

MM

Mollie Milesi

Jeruslem, Israel

V

Valis

Singapore, Singapore

Bobrm2k3

Charleston, United States

Stefano Bertolo

Luxembourg, Luxembourg

Richard Griebe

La Jolla, United States

fransk

Culemborg, Netherlands

G

giova

Padova, Italy

J

Joggele

Austria, Austria

V

Vivek

Arlington, VA, United States

WE

Wendy Emlyn

Devon, United Kingdom

Gabriel Fenili

Santo André, Brazil

MS

Mike Sutherland

United Kingdom

Ed

Howells, United States

Ren

Minneapolis/StPaul, United States

Angi

Germany

MF

Mike Frawley

United States

B

BSM

France

Shane Bugeja

Mankato, Minnesota, United States

Deirdre

Yorkshire, United Kingdom

JH

Joseph Hwang

Houston, United States

MR

Micky Richards

United Kingdom

Carrie

Arlington, MA, United States

petter

Finland

Helen and Denis

Global citizens, United States

R

RM

Australia

GA

Gal Ashuach

רעננה, Israel

J

Jason

West Palm Beach, United States

Cambium Foundation

Kirkland, United States

Christine

Munich, Germany

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